Price Level of Exports for Bahrain
PLXCPPBHA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.66
Year-over-Year Change
8.72%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Exports for Bahrain measures the average change in prices of goods and services exported from Bahrain. This trend is an important indicator of Bahrain's international trade competitiveness and export performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Price Level of Exports for Bahrain captures the general price movements of Bahraini exports relative to a base year. It is used to assess the country's export price dynamics and can inform policy decisions related to trade, exchange rates, and international competitiveness.
Methodology
This data is collected by the Bahraini government through surveys of exporting firms and calculated as an index relative to a base period.
Historical Context
Analysts and policymakers monitor this trend to gauge Bahrain's export price levels compared to its trading partners and global markets.
Key Facts
- Bahrain is a major exporter of refined petroleum, aluminum, and petrochemicals.
- The base year for the Price Level of Exports index is 2015.
- Bahrain's exports account for over 60% of its GDP.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Bahrain measures the average change in prices of goods and services exported from Bahrain over time.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of Bahrain's international trade competitiveness and export performance, which is crucial for the country's economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected by the Bahraini government through surveys of exporting firms and calculated as an index relative to a base period.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this trend to gauge Bahrain's export price levels compared to its trading partners and global markets, which can inform decisions related to trade, exchange rates, and international competitiveness.
Q: Are there update delays or limitations?
A: The data is published regularly by the Bahraini government, but there may be some delays in reporting due to the time required to collect and process the survey information.
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Citation
U.S. Federal Reserve, Price Level of Exports for Bahrain (PLXCPPBHA670NRUG), retrieved from FRED.